Consumer Spending - Take Home

Consumer Spending - Take Home

12th Grade

48 Qs

quiz-placeholder

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Consumer Spending - Take Home

Consumer Spending - Take Home

Assessment

Quiz

Financial Education

12th Grade

Easy

Created by

Dean Kuckelman

Used 5+ times

FREE Resource

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48 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: After you decide to spend your money, you should understand how that decision fits with your overall spending plan.
True
False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False. The planned buying process is an essential consumer skill for managing your purchasing decisions.
True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False. Durable goods provide a stream of services to the user over a period of time and do not quickly wear out.
True
False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False. A consumable good - like food or gas - is consumed shortly after you buy it.
True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: When you spend money on a durable good, that is an asset.
True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: When you spend money on a consumable good, that is an asset.
True
False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you spend money on a durable good, your net worth usually _______, at least at first:
Stays the same
Increases
Decreases

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